Administration Cost

-Investigation
-Legalities
-Human Resources: accountability, assessments, remedial training, disciplinary actions, policies
-Compensations
-Insurances: void claims (i.e., disconnecting electrical warning devices, human failures); higher premiums or excesses or inability to insure
-Reputation: bad press associated with accident, social media
-Contract & Business Loss
-Impact on investments & shares
-Damage to customer relations
-Regaining the competitive advantage

“Those who do not understand history are doomed to repeat it” – George Santayana